For all the eager investors who have been eagerly anticipating the arrival of Motilal Oswal Nifty 500 ETF, the wait is almost over. Ever since Motilal Oswal Asset Management Company (MOAMC) made the exciting announcement about their Nifty 500 ETF, the buzz in the investment community has been palpable. Now, the burning question on everyone’s mind is, “When is Motilal Oswal Nifty 500 ETF expected to list on the National Stock Exchange (NSE)?”
In this article, we will delve into the details of this eagerly awaited exchange-traded fund (ETF) and provide you with the latest information regarding its listing date. Whether you’re a seasoned investor looking to diversify your portfolio or someone just beginning their journey into the world of ETFs, this article will shed light on what you need to know about the Motilal Oswal Nifty 500 ETF’s impending debut.
Understanding Motilal Oswal Nifty 500 ETF
The Motilal Oswal Nifty 500 ETF is set to replicate the total returns of the Nifty 500 Index. This means that investors will gain exposure to over 90% of India’s listed market capitalization through this ETF. But what makes this ETF particularly intriguing is its potential to offer a diverse range of investment opportunities.
The Nifty 500 Index, which serves as the benchmark for this ETF, encompasses a wide array of stocks across 21 different sectors. This diversity is a crucial factor for investors looking to mitigate concentration risk in their portfolios. What’s even more enticing is the historical performance of the Nifty 500 Index, boasting an annualized return of 25% as of August 31, 2023, over the past three years. Remarkably, it has even outperformed the renowned Nifty 50 Index while maintaining similar or lower risk levels.
Should You Invest in Motilal Oswal Nifty 500 ETF?
While the Motilal Oswal Nifty 500 ETF holds significant promise, it’s essential for potential investors to remember that there are no guarantees in the world of investments. The minimum application amount for this ETF is Rs 500, with investments possible in multiples of Re 1. Therefore, careful consideration of your investment goals and risk tolerance is advisable.
When is Motilal Oswal Nifty 500 ETF Expected to List on the NSE?
The most burning question remains – when can investors expect the Motilal Oswal Nifty 500 ETF to debut on the NSE? The eagerly awaited listing is scheduled for October 6, 2023. Mark this date on your calendar as it represents the day when you can start trading this ETF under the symbol ‘MONIFTY500.’
Who are the fund managers responsible for managing the Motilal Oswal Nifty 500 ETF?
To ensure transparency and alignment with its investment objectives, this ETF benchmarks its performance against the Nifty 500 Total Return Index. The fund managers, Swapnil Mayekar and Rakesh Shetty are entrusted with making strategic investment decisions.
Does the Motilal Oswal Nifty 500 ETF impose any entry or exit loads on investors?
Investors will be pleased to know that there are no entry loads or charges for investing in this scheme. Additionally, there is no exit load, providing you with the flexibility to manage your investments as you see fit.
As the date of the Motilal Oswal Nifty 500 ETF’s listing on the NSE draws near, investors can look forward to a new and exciting investment opportunity. This ETF not only offers exposure to a significant portion of the Indian market but also provides diversification and growth potential. However, as with any investment, it’s essential to do your due diligence and understand your investment goals before diving in. The opportunity is on the horizon; mark your calendars for October 6, 2023, and get ready for the arrival of the MONIFTY500 ETF.